Interim report
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MinebeaMitsumi Passion to Create Value through Difference Brief Report of Financial Results for the three months ended June 30 , 2026 ( IFRS ) Accouting Financial Ac Standards P FASF MEMBERSHIP ( Consolidated ) August 5 , 2026 Registered Company Name : Code No : MINEBEA MITSUMI Inc. 6479 Jun Yutani Representative : Yoshihisa Kainuma Contact : Common Stock Listings : Tokyo URL : https://www.minebeamitsumi.com/ Representative Director , Chairman CEO General Manager of Accounting Department Expected date of payment for dividends : - Preparation of supplementary explanation material for financial results : Yes Holding of presentation meeting for financial results : Yes ( For Analyst ) 1. Business Performance ( April 1 , 2026 through June 30 , 2026 ) ( 1 ) Consolidated Results of Operations ( Year - to - date ) Phone : ( 03 ) 6758-6711 ( Amounts less than one million yen have been rounded . ) ( % : Changes from corresponding period of previous fiscal year ) Three months ended Jun . 30 , 2026 Three months ended Jun . 30 , 2025 Three months ended Jun . 30 , 2026 Three months ended Jun . 30 , 2025 Three months ended Jun . 30 , 2026 Three months ended Jun . 30 , 2025 ( 2 ) Consolidated Financial Position Profit before Net sales ( millions of yen ) % Operating income Change ( millions of yen ) % Change % income taxes ( millions of yen ) Change 426,567 366,925 16.3 26,313 50.9 29,812 91.2 3.2 17,432 ( 7.8 ) 15,589 ( 14.5 ) Profit for the period ( millions of yen ) Profit for the period % Change attributable to owners of the parent % Change Comprehensive income for the period % Change ( millions of yen ) ( millions of yen ) 21,192 10,885 94.7 ( 17.2 ) 21,298 95.6 37,974 396.8 10,889 ( 17.2 ) 7,643 ( 84.7 ) Earnings per share , basic ( yen ) Earnings per share , diluted ( yen ) 53.03 27.12 53.03 27.11 Total assets ( millions of yen ) Total equity ( millions of yen ) Total equity attributable to Equity ratio attributable to owners of the parent ( millions of yen ) owners of the parent ( % ) As of Jun . 30 , 2026 As of Mar. 31 , 2026 1,883,080 1,814,837 938,811 911,031 926,724 898,971 49.2 49.5 2. Dividends End of first quarter ( yen ) End of second quarter ( yen ) Annual dividends End of third quarter ( yen ) Year - end ( yen ) For the year ( yen ) Year ended Mar. 31 , 2026 25.00 25.00 50.00 Year ending Mar. 31 , 2027 Year ending Mar. 31 , 2027 30.00 30.00 60.00 ( Forecast ) ( Notes ) Revisions to the forecast of cash dividends since the latest announcement : None Regarding the annual dividends for the fiscal year ending March 31 , 2027 , we will determine the dividend payout ratio of around 30 % on a consolidated basis -1-
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3. Prospect for Consolidated Forecast for the Fiscal Year (April 1, 2026 through March 31, 2027) (%: Changes from corresponding pe riod of previous fiscal year) Net sales (millions of yen) % Change Operating income (millions of yen) % Change Six months ending September 30, 2026 Year ending March 31, 2027 846,500 1,690,000 8.8 1.5 53,000 120,000 19.4 15.4 Profit for the period attributable to owners of the parent (millions of yen) % Change Earnings per share, basic (yen) Six months ending September 30, 2026 Year ending March 31, 2027 40,500 87,000 41.7 (12.2) 100.85 216.64 (Notes) Changes from the latest consolidated results forecast: Yes * Notes (1) Significant changes in the scope of consolidation during the period: None (2) Changes in accounting policies, or changes in accounting estimates (i) Changes in accounting policies required by IFRS: Yes (ii) Changes in accounting po licies other than 1: None (iii) Changes in accounting estimates: None (3) Number of shares outstanding (Common stock) (i) Number of shares outstanding at the end of each period (Including treasury shares) As of June 30, 2026: 427,080,606 shares As of March 31, 2026: 427,080,606 shares (ii) Number of treasury shares at the end of each period As of June 30, 2026: 25,485,323 shares As of March 31, 2026: 25,485,087 shares (iii) Average number of shares (Quarterly cumulative period) Three months ended June 30, 2026: 401,595,370 shares Three months ended June 30, 2025: 401,585,374 shares * Review of the Japanese-language original s of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None * Explanation for appropriate use of financial forecasts and other special remarks (Caution Concerning Forward-Looking Statements) The aforementioned forecasts are based on the information available as of the date when this information is disclosed as well as on the assumptions as of the disc losing date of this information related to unpredictable parameters that will most likely affect our future business performance. As such, this is not intended for the Company to give assurance that the said forecast number would be achieved. In other words, our actual performances are likely to differ greatly from these estimates depending on a variety of factors that will take shape from now on. As for the assumptions used for these forecasts and other related items, please refer to “1. Analysis of Operating Performance and Financial Position, (3) Explanation of Consolidated Forecast and Other Forecasts” on page 5 of the documents attached hereunder. (Investor Briefing Materials for Analysts) Investor briefing materials will be made available vi a our corporate website (htt ps://www.minebeamitsumi.com/) on Wednesday, August 5, 2026. -2-
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Index 1. Analysis of Operating Performance and Financial Position .................................................................. 4 (1) Analysis of Operating Performance for the three months ended June 30, 2026 ............................. 4 (2) Analysis of Financial Position for the three months ended June 30, 2026 ...................................... 5 (3) Explanation of Consolidated Forecast and Other Forecasts ............................................................ 5 (4) Basic Policy for Profit Sharing and Dividend for the Current Fiscal Year ...................................... 5 2. Condensed Quarterly Consolidated Financial Statements and Major Notes ....................................... 7 (1) Condensed Quarterly Consolidated Statements of Financial Position ............................................ 7 (2) Condensed Quarterly Consolidated Statements of Income and Condensed Quarterly Consolidated Statements of Comprehensive Income ........................ 9 Condensed Quarterly Consolidated Statements of Income .............................................................. 9 Condensed Quarterly Consolidated Statements of Comprehensive Income .................................... 10 (3) Condensed Quarterly Consolidated Statements of Changes in Equity ........................................... 11 (4) Condensed Quarterly Consolidated Statements of Cash Flows ....................................................... 13 (5) Notes on Condensed Quarterly Consolidated Financial Statements ............................................... 15 (Notes on Going Concern Assumptions) ............................................................................................. 15 (Change in Accounting Policy) ................................................................................................. ........... 15 (Segment Information) ......................................................................................................... ............... 15 -3-
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1. Analysis of Operating Performance and Financial Position (1) Analysis of Operating Performance for the three months ended June 30, 2026 During the three months ended June 30, 2026, the global ec onomy remained on a moderate recovery trend overall, but showed varying trends by region due to factors such as persistently high energy prices resulting from heightened tensions in the Middle East. The Japanese economy remained on a moderate recovery trend, supported by steady corporate capital investment aimed at the introduction of robotics and AI, as well as a favorable income environment characterized by solid wage increases. The U.S. economy generally maintained its resilience, supported by the expansion of capital expenditures, particularly in the AI sector, as well as solid corporate earnings. Personal consumption also remained firm against the backdrop of low unemployment rates. The European economy was underpinned by personal consumption supported by a favorable employment environment. However, persistently high energy prices weighed on service industries such as transportation and tourism, causing the pace of economic recovery to slow. The Chinese economy was driven by exports of EVs and related components. However, it lacked momentum due to the slump in the real estate market and a reactionary decline in infrastructure investment. The economies of Southeast Asian countries remained firm, supported by strong exports of electronic components and a favorable employment environment. However, in Th ailand and the Philippines, delays in tourism recovery weighed on growth, and the pace of economic recovery remained moderate. Working against this backdrop, the MinebeaMitsumi Group (our “Group”) concentrated on improving productivity, thoroughly cutting costs, creating high -value-added products, developing new technologies, and enhancing its marketing approach to achieve sustainable growth and boost profitability further. As a result, net sales increased by 59,642 million yen (16.3 %) year on year to 426,567 million yen. Operating income increased by 8,881 million yen (50.9%) year on year to 26,313 million yen, profit before income taxes increased by 14,223 million yen (91.2%) to 29,812 million yen, and profit for the period attributable to owners of the parent increased by 10,409 million yen (95.6%) to 21,298 million yen. Performance by segment was as follows: In addition, some classifications between “Precision Technologies segment” and “Motor, Lighting & Sensing segment”, as well as between “Semiconductor & El ectronics segment” and “Access Solutions segment” have been changed from the first three months of the fiscal year. The segment information disclosed for the first three months of the previous year has been prepared based on the classification of reporting segments after the corporate organization change. The main products in the Precision Te chnologies segment include our Group's anchor product line, ball bearings, in addition to mechanical components such as rod-end bearings used mainly in aircraft and hard disk drive (HDD) pivot assemblies, etc., fasteners for aircraft, and special devices. Sales of ball bearings, our Group's mainstay product, increased due to steady demand for servers for data centers. In addition, sales of rod-end bearings also increased due to growing demand for use in aircraft. As a result, net sales increased by 15,744 million yen (23.7%) year on year to 82,048 million yen, and operating income increased by 4,861 million yen (34.1%) to 19,119 million yen. The main products in the Motor, Lighting & Sensing segment include electronic devices such as LED backlights for LCDs and smart products, as well as HDD spindle motors, sensing devices (measuring components), stepping motors, DC motors, fan motors, and automotive motors. Sales increased mainly due to an increase in demand for HDD spindle motors and fan motors. As a result, net sales increased by 20,877 million yen (20.1%) year on year to 124,521 million yen, and operating income increased by 2,789 million yen (58.3%) to 7,567 million yen. The main pr oducts in Semiconductor & Electronics segment include semiconductor devices, optical devices, mechanical components, and power supply components. Sales increased mainly due to an increase in sales of optical devices. As a result, net sales increased by 17,007 million yen (14.5%) year on year to 134,217 million yen, and operating income increased by 3,761 million yen (168.3%) to 5,995 million yen. The main products in the Access Solution s segment include key sets, door latches, door handles, and other automotive components as well as industrial equipment components. Sales increased due to an increase in automobile production by major customers. However, operating income decreased due to structural reforms in Europe. As a result, net sales increased by 5,560 million yen (7.0%) ye ar on year to 84,459 million yen, while operating income decreased by 2,656 million yen (-97.3%) to 72 million yen. Software design and development, and machines produced in-house are the main products in our Other business segment. Net sales increased by 454 million yen (52.1%) year on year to 1,322 million yen, while op erating loss increased by 195 million yen year on year to 646 million yen. In addition to the figures noted above, 5,794 million yen in corporate expenses, etc. not attributable to any particular segment is indicated as adjustments. The total amount of adjustments was 6,115 million yen for the same period of the previous fiscal year. -4-
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(2) Analysis of Financial Position for the three months ended June 30, 2026 1. Basic approach to financial strategy and capital policy Our Group sees “strengthening our financia l position” as a top priority and is taking various steps, such as efficient controlling of capital investments, asset management, and reducing interest-bearing debt. We will reform our portfolio to increase the weight of our highly profitable core businesses and engage in highly effective M&A, promoting an appropriate and flexible financial strategy. 2. Assets, liabilities and equity Total assets at the end of the three months were 1,883,080 million yen, an increase of 68,243 million yen from the end of the previous fiscal year. The main reason for this was an increase in cash and cash equivalents, inventories, and property, plant and equipment. Total liabilities at the end of the three months were 944,269 million yen, an increase of 40,463 million yen from the end of the previous fiscal year. The main reason for this was an increase in trade and other payables. Equity amounted to 938,811 million yen, and the equity ratio attributable to owners of the parent was 49.2%, a decrease of 0.3 percentage points from the end of the previous fiscal year. 3. Cash flows Cash and cash equivalents at the end of the three months were 241,782 million ye n, an increase of 14,260 million yen from the end of the previous fiscal year. Cash flows from each business activity during the three months ended June 30, 2026, and relevant factors were as follows: Net cash provided by operating activities amounted to 47 ,462 million yen (compared to 23,293 million yen in the same period of the previous fiscal year). This was primarily due to profit before inco me taxes, depreciation and amortization, and changes in inventories and trade and other receivables. Net cash used in investing activities amounted to 30,674 million yen (compared to 19,009 million yen in the same period of the previous fiscal year). This was primarily due to purchase of property, plant and equipment. Net cash used in financing activities amounted to 5,863 million yen (compared to 38,554 million yen provided by financing activities in the sa me period of the previous fisc al year). This was primarily due to dividends paid. (3) Explanation of Consolidated Forecast and Other Forecasts According to currently available information, based on the results from the three months ended June 30, 2026 and the most recent situation, we have revised the consolidated forecast as shown below. Six months ending September 30, 2026 Net sales (millions of yen) Operating income (millions of yen) Profit for the period attributable to owners of the parent (millions of yen) Earnings per share, basic (yen) Previous forecast (A) (announced on May 12, 2026) 846,500 53,000 36,500 90.89 Revised forecast（B） 846,500 53,000 40,500 100.85 Difference（B−A） ― ― 4,000 ― Change（%） ― ― 11.0 ― (Reference) Results for the six months ended September 30, 2025 778,314 44,387 28,585 71.18 Year ending March 31, 2027 Net sales (millions of yen) Operating income (millions of yen) Profit for the period attributable to owners of the parent (millions of yen) Earnings per share, basic (yen) Previous forecast (A) (announced on May 12, 2026) 1,690,000 120,000 83,000 206.68 Revised forecast（B） 1,690,000 120,000 87,000 216.64 Difference（B−A） ― ― 4,000 ― Change（%） ― ― 4.8 ― (Reference) Results for the previous fiscal year 1,664,387 103,979 99,034 246.60 (4) Basic Policy for Profit Sharing and Dividend for the Current Fiscal Year Sharing profits with our Group's shareholders is first priority for MinebeaMitsumi. That is why its basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders. Dividends, while reflecting performance, are determined in light of the overall business environment and wi th an eye to maintaining a stable and continuous distribution of profits. -5-
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Based on the basic policy above, we plan to set both the interim and year-end dividends for the current fiscal year at 30 yen per share each. We will determine the above dividend amo unts with a target consolidated dividend payout ratio of approximately 30%, in light of the overall business environment. -6-
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2. Condensed Quarterly Consolidated Financial Statements and Major Notes (1) Condensed Quarterly Consolidated Statements of Financial Position (Amount: millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and cash equivalents 227,522 241,782 Trade and other receivables 356,517 329,982 Inventories 391,314 432,912 Other financial assets 10,965 10,382 Other current assets 42,413 58,929 Total current assets 1,028,731 1,073,987 Non-current assets Property, plant and equipment 585,303 600,914 Goodwill 61,164 61,290 Intangible assets 33,290 34,450 Other financial assets 79,076 84,226 Deferred tax assets 19,543 19,907 Other non-current assets 7,730 8,306 Total non-current assets 786,106 809,093 Total assets 1,814,837 1,883,080 -7-
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(Continued) (Amount: millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities and equity Liabilities Current liabilities Trade and other payables 235,583 259,789 Bonds and borrowings 264,122 270,981 Other financial liabilities 13,872 18,777 Income taxes payable 10,855 10,668 Provisions 2,425 4,396 Other current liabilities 75,343 71,202 Total current liabilities 602,200 635,813 Non-current liabilities Bonds and borrowings 218,369 218,443 Other financial liabilities 30,206 33,130 Net defined benefit liabilities 28,982 29,490 Provisions 666 647 Deferred tax liabilities 17,591 21,034 Other non-current liabilities 5,792 5,712 Total non-current liabilities 301,606 308,456 Total liabilities 903,806 944,269 Equity Common stock 68,259 68,259 Capital surplus 141,401 141,401 Treasury shares (59,901) (59,902) Retained earnings 536,885 548,048 Other components of equity 212,327 228,918 Total equity attributable to owners of the Company 898,971 926,724 Non-controlling interests 12,060 12,087 Total equity 911,031 938,811 Total liabilities and equity 1,814,837 1,883,080 -8-
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(2) Condensed Quarterly Consolidated Statements of Income and Condensed Quarterly Consolidated Statements of Comprehensive Income (Condensed Quarterly Consolidated Statements of Income) (Amount: millions of yen) Three months ended March 31, 2025 Three months ended March 31, 2026 Net sales 366,925 426,567 Cost of sales 304,812 346,948 Gross profit 62,113 79,619 Selling, general and administrative expenses 45,867 52,013 Other income 1,423 1,851 Other expenses 237 3,144 Operating income 17,432 26,313 Finance income 1,230 6,737 Finance expenses 3,073 3,238 Profit before income taxes 15,589 29,812 Income taxes 4,704 8,620 Profit for the period 10,885 21,192 Profit for the period attributable to: Owners of the Company 10,889 21,298 Non-controlling interests (4) (106) Profit for the period 10,885 21,192 Earnings per share (EPS) Basic (Yen) 27.12 53.03 Diluted (Yen) 27.11 53.03 -9-
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(Condensed Quarterly Consolidated Statements of Comprehensive Income) (Amount: millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Profit for the period 10,885 21,192 Other comprehensive income Components of other comprehensive income that will not be reclassified to profit or loss, net of tax: Net changes in revaluation of equity instruments measured at fair value through other comprehensive income (289) 3,184 Remeasurement of defined benefit plans (445) (95) Sub-total (734) 3,089 Components of other comprehensive income that will be reclassified to profit or loss, net of tax: Foreign exchange differences on translation of foreign operations (2,490) 13,693 Cash flow hedges (18) ― Sub-total (2,508) 13,693 Other comprehensive income, net of tax (3,242) 16,782 Comprehensive income for the period 7,643 37,974 Comprehensive income attributable to: Owners of the Company 7,776 37,794 Non-controlling interests (133) 180 Comprehensive income for the period 7,643 37,974 -10-
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(3) Condensed Quarterly Consolidated Statements of Changes in Equity (Amount: millions of yen) Equity attributable to owners of the Company Common stock Capital surplus Treasury shares Retained earnings Other components of equity Foreign currency translation Cash flow hedge Balance as of April 1, 2025 68,259 141,401 (59,931) 457,053 129,883 (17) Profit for the period ― ― ― 10,889 ― ― Other comprehensive income ― ― ― ― (2,361) (18) Comprehensive income for the period ― ― ― 10,889 (2,361) (18) Purchase of treasury shares ― ― (0) ― ― ― Disposal of treasury shares ― 0 0 ― ― ― Dividends ― ― ― (10,040) ― ― Transactions with non-controlling interests ― ― ― ― ― ― Transfer to retained earnings ― ― ― (445) ― ― Total transactions with owners ― 0 (0) (10,485) ― ― Balance as of June 30, 2025 68,259 141, 401 (59,931) 457,457 127,522 (35) Equity attributable to owners of the Company Non- controlling interests Other components of equity Total Net changes in revaluation of equity instruments measured at fair value through other comprehensive income Remeasurement of defined benefit plans Sub-total Total equity Balance as of April 1, 2025 6,804 ― 136,670 743,452 11,173 754,625 Profit for the period ― ― ― 10,889 (4) 10,885 Other comprehensive income (289) (445) (3,113) (3,113) (129) (3,242) Comprehensive income for the period (289) (445) (3,113) 7,776 (133) 7,643 Purchase of treasury shares ― ― ― (0) ― (0) Disposal of treasury shares ― ― ― 0 ― 0 Dividends ― ― ― (10,040) (580) (10,620) Transactions with non-controlling interests ― ― ― ― 331 331 Transfer to retained earnings ― 445 445 ― ― ― Total transactions with owners ― 445 445 (10,040) (249) (10,289) Balance as of June 30, 2025 6,515 ― 134,002 741,188 10,791 751,979 -11-
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(Amount: millions of yen) Equity attributable to owners of the Company Common stock Capital surplus Treasury shares Retained earnings Other components of equity Foreign currency translation Cash flow hedge Balance as of April 1, 2026 68,259 141,401 (59,901) 536,885 203,368 ― Profit for the period ― ― ― 21,298 ― ― Other comprehensive income ― ― ― ― 13,407 ― Comprehensive income for the period ― ― ― 21,298 13,407 ― Purchase of treasury shares ― ― (1) ― ― ― Dividends ― ― ― (10,040) ― ― Transfer to retained earnings ― ― ― (95) ― ― Total transactions with owners ― ― (1) (10,135) ― ― Balance as of June 30, 2026 68,259 141,401 (59,902) 548,048 216,775 ― Equity attributable to owners of the Company Non- controlling interests Other components of equity Total Net changes in revaluation of equity instruments measured at fair value through other comprehensive income Remeasurement of defined benefit plans Sub-total Total equity Balance as of April 1, 2026 8,959 ― 212,327 898,971 12,060 911,031 Profit for the period ― ― ― 21,298 (106) 21,192 Other comprehensive income 3,184 (95) 16,496 16,496 286 16,782 Comprehensive income for the period 3,184 (95) 16,496 37,794 180 37,974 Purchase of treasury shares ― ― ― (1) ― (1) Dividends ― ― ― (10,040) (153) (10,193) Transfer to retained earnings ― 95 95 ― ― ― Total transactions with owners ― 95 95 (10,041) (153) (10,194) Balance as of June 30, 2026 12,143 ― 228,918 926,724 12,087 938,811 -12-
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(4) Condensed Quarterly Consolidated Statements of Cash Flows (Amount: millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Cash flows from operating activities: Profit before income taxes 15,589 29,812 Depreciation and amortization 17,079 18,742 Interest income and dividends income (1,111) (6,644) Interest expenses 1,713 2,165 Net loss (gain) on sale and disposal of property, plant and equipment (19) 76 Decrease (increase) in trade and other receivables 22,331 30,127 Decrease (increase) in inventories (20,441) (37,056) Increase (decrease) in trade and other payables (3,812) 17,018 Other (2,885) (3,959) Sub-total 28,444 50,281 Interest received 786 6,322 Dividends received 311 310 Interest paid (1,601) (2,221) Income taxes paid (4,647) (7,230) Net cash flows provided by operating activities 23,293 47,462 Cash flows from investing activities: Net decrease (increase) in time deposits 1,127 874 Purchase of property, plant and equipment (18,019) (29,493) Proceeds from sale of property, plant and equipment 178 40 Purchase of intangible assets (2,045) (1,774) Purchase of securities (712) (944) Proceeds from sale and redemption of securities 538 647 Other (76) (24) Net cash flows used in investing activities (19,009) (30,674) -13-
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(Continued) (Amount: millions of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Cash flows from financing activities: Net increase (decrease) in short-term borrowings 51,517 6,190 Repayments of long-term borrowings (1,107) ― Proceeds from disposal of treasury shares 0 ― Purchase of treasury shares (0) (1) Dividends paid (10,040) (10,040) Dividends paid to non-controlling interests (580) (153) Proceeds from share issuance to non-controlling interests 331 ― Repayments of lease liabilities (1,567) (1,859) Net cash flows provided by (used in) financing activities 38,554 (5,863) Effect of exchange rate changes on cash and cash equivalents (1,290) 3,335 Net increase (decrease) in cash and cash equivalents 41,548 14,260 Cash and cash equivalents at beginning of period 214,256 227,522 Cash and cash equivalents at end of period 255,804 241,782 -14-
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(5) Notes on Condensed Quarterly Consolidated Financial Statements (Notes on Going Concern Assumptions) Not applicable. (Change in Accounting Policy) Excluding the changes stated below, the major accounting policies that were adopted to the condensed quarterly consolidated financial statements are the same policies that were applied to the previous consolidated fiscal year: IFRS Accounting Standards Outline of new standards and amendments IFRS 9 IFRS 7 Amendments to the classification and measurement of financial instruments Clarification of the classification of financial assets, addition of derecognition criteria for financial liabilities, and amendments to disclosure requirements for financial assets measured at fair value through other comprehensive income IFRS 9 IFRS 7 Contracts referencing nature-dependent electricity Clarified accounting for contracts referencing nature-dependent electricity The impact of the adoption of the above standards on the condensed quarterly consolidated financial statements is immaterial. (Segment Information) (1) Summary of reportable segments The Group’s reportable segments are segments which separate financial information is available and subject to periodical reviews and in order for the Company’s Board of Directors to determine the distribution of management resources and evaluate performance. The Company established business divisions by product in key business center s, therein Precision Technologies Headquarters supervise the production of machined components, while Motor, Lighting & Sensing Headquarters oversee the manufacture of small-sized motors, electronic devices and components, and optical products, etc., Semiconductor & Electronics Headquarters are responsible for the production of semiconductor devices, optical devices, mechanical components, etc., and Access Solutions Headquarters are resp onsible for the production of automotive co mponents and industrial equipment components and formulate comprehensive business strategies to be implemented for both domestic and foreign operations. Therefore, the Group has four reportable segments consisting of “Precision Technologies”, “Motor, Lighting & Sensing”, “Semiconductor & Electronics” and “Access Solutions”. There is no reportable segment that aggregates business segments. The Group's core products in the “Precision Technologies segment” are mechanical parts, such as ball bearings, rod-end bearings, pivot assemblies of HDDs, etc. as well as fasteners for aircrafts, and special devices. The core products of the “Motor, Lighting & Sensing segment” include electronic devices such as LED backlights for LCDs and smart products, as well as HDD spindle motors, sensing devices (measuring components), stepping motors, DC motors, fan motors, and automotive motors. The staple products of “Semiconductor & Electronics segment” include semiconductor devices, optical devices, mechanical components and power supply componen ts. The main products of “Access Solutions segment” are automotive components, such as key sets, door latches, door handles, etc. as well as industrial equipment components. In addition, some classifications between “Precision Technologies segment” and “Motor, Lighting & Sensing segment”, as well as between “Semiconductor & Electronics segment” and “Access Solutions segment” have been changed from the first three months of the fiscal year. Th e segment information disclosed for the firs t three months of the previous fiscal year has been prepared based on the classification of reporting segments after the corporate organization change. (2) Reportable segments information Profit for reportable segment is based on operating income. Intersegment revenue transactions are ca lculated based on settlement prices bas ed on an overall assessment taking into account market prices, manufacturing costs and other factors. -15-
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(Three months ended June 30, 2025) (Amount: millions of yen) Reportable segment Other*1 Adjustments *2 Consolidated Precision Technologies Motor, Lighting & Sensing Semiconductor & Electronics Access Solutions Net sales Net sales to customers 66,304 103,644 117,210 78,899 868 ― 366,925 Net sales to other segment 1,829 2,695 1,339 46 493 (6,402) ― Total 68,133 106,339 118,549 78,945 1,361 (6,402) 366,925 Segment profit (loss) 14,258 4,778 2,234 2,728 (451) (6,115) 17,432 Finance income ― ― ― ― ― ― 1,230 Finance expenses ― ― ― ― ― ― 3,073 Profit before income taxes ― ― ― ― ― ― 15,589 (Three months ended June 30, 2026) (Amount: millions of yen) Reportable segment Other*1 Adjustments *2 Consolidated Precision Technologies Motor, Lighting & Sensing Semiconductor & Electronics Access Solutions Net sales Net sales to customers 82,048 124,521 134,217 84,459 1,322 ― 426,567 Net sales to other segment 2,175 3,556 1,544 81 1,207 (8,563) ― Total 84,223 128,077 135,761 84,540 2,529 (8,563) 426,567 Segment profit (loss) 19,119 7,567 5,995 72 (646) (5,794) 26,313 Finance income ― ― ― ― ― ― 6,737 Finance expenses ― ― ― ― ― ― 3,238 Profit before income taxes ― ― ― ― ― ― 29,812 (Notes) *1. “Other” includes business units that are not included in the reportable segments. Their products are mainly software design and development, and machines made in-house. *2. Adjustments to segment profit (loss) include corporate expenses such as selling, general & administrative expenses in addition to research and development costs that do not belong to the reportable segments. -16-